XPEV - XPeng's Mona Sub-Brand Following NIO's Onvo? Launches Debut Model M03 Powered By BYD Batteries | Benzinga
XPeng Inc. (NYSE:XPEV) has reportedly revealed the name and an official image of the first model from its sub-brand, codenamed Mona, unexpectedly, preceding its official launch later this month.
The inaugural model in the Mona lineup has been dubbed the Xpeng M03, CnEV Post reported, citing a recent Weibo post from the company.
XPeng Following NIO’s Strategy?
Reportedly, Mona will utilize batteries from BYD Co., Ltd. (OTC:BYDDF) (OTC:BYDDY), a choice also made by NIO Inc‘s(NYSE:NIO) Onvo sub-brand.
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